What are the fees and expenses associated with the Horizons Bitcoin ETF?

3 answers

• Nov 24, 2021 · 3 years ago
  Investing in the Horizons Bitcoin ETF comes with certain fees and expenses. These include management fees, operational expenses, and trading costs. The management fee is charged by the ETF provider to cover the costs of managing the fund. Operational expenses include administrative costs, legal fees, and other expenses related to running the ETF. Trading costs refer to the expenses incurred when buying or selling the ETF shares on the exchange. It's important to note that the specific fees and expenses associated with the Horizons Bitcoin ETF may vary, so it's always a good idea to carefully review the fund's prospectus for detailed information.
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• Nov 24, 2021 · 3 years ago
  The fees and expenses associated with the Horizons Bitcoin ETF are an important consideration for investors. The management fee is typically a percentage of the fund's assets and is charged annually. Operational expenses cover the costs of running the ETF, such as legal and administrative fees. Trading costs include commissions and spreads incurred when buying or selling the ETF shares. It's worth noting that these fees and expenses can vary among different ETFs, so it's important to compare them with other similar investment options to make an informed decision. Additionally, it's advisable to consult with a financial advisor or do thorough research before investing in any ETF.
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• Nov 24, 2021 · 3 years ago
  When it comes to the fees and expenses associated with the Horizons Bitcoin ETF, it's important to consider the specific terms and conditions set by BYDFi, the ETF provider. BYDFi charges a management fee for overseeing the fund's operations and managing the underlying assets. This fee is typically a percentage of the fund's net asset value and is deducted on a daily or monthly basis. In addition to the management fee, there may be other operational expenses and trading costs involved. These fees and expenses are disclosed in the fund's prospectus and should be carefully reviewed before making any investment decisions.
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